Daily Practice · GCSE Business
March 2020 5-a-day
Every sheet in March 2020
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st March 2020State what the National Minimum Wage and National Living Wage are.
- 2nd March 2020State one area of business legislation.
- 3rd March 2020What is meant by a 'representative sample'?
- 4th March 2020Why is cash flow often negative during the introduction stage?
- 5th March 2020State one risk of a poorly judged brand extension.
- 6th March 2020Define supply chain.
- 7th March 2020Why does higher productivity usually reduce unit cost?
- 8th March 2020Give one way rising consumer confidence in a boom might affect a business's decisions.
- 9th March 2020Give one disadvantage of relying only on secondary market research.
- 10th March 2020Identify one external stakeholder who might ask to see a business plan before providing finance.
- 11th March 2020What is overtrading?
- 12th March 2020What is the difference between a cash inflow and a cash outflow?
- 13th March 2020A business's contribution per unit is 10 pounds and its fixed costs are 5,000 pounds. Calculate its break-even output.
- 14th March 2020State the difference between training and development.
- 15th March 2020Identify one example of a hygiene factor.
- 16th March 2020Explain why there can be a trade-off between acting ethically and making a profit.
- 17th March 2020Define e-commerce.
- 18th March 2020What is e-commerce?
- 19th March 2020What is the difference between above the line and below the line promotion?
- 20th March 2020Explain why flow production is risky if demand is unpredictable.
- 21st March 2020Give three examples of after-sales service.
- 22nd March 2020State one type of external change that can affect how a business operates.
- 23rd March 2020State one reason why entrepreneurs take on risk when starting a business.
- 24th March 2020Identify one common aim of a brand new start-up business.
- 25th March 2020Identify the term for a business having too little start-up finance to survive its early months.
- 26th March 2020A business calculates a net profit margin of 45% and a gross profit margin of 30% for the same year. Explain why this result must be wrong.
- 27th March 2020What does the gross profit margin measure?
- 28th March 2020Explain one advantage of decentralisation.
- 29th March 2020State one method a business could use to improve staff retention.
- 30th March 2020Name the main UK law protecting consumers when buying goods.
- 31st March 2020State one way improved transport has supported globalisation.